Bernanke may not deliver tomorrow, says Bill Gross, but further QE is coming "relatively soon."...

|By:, SA News Editor

Bernanke may not deliver tomorrow, says Bill Gross, but further QE is coming "relatively soon." Don't expect much reaction though, he contends, as even The Chairman recognizes each new bout of stimulus brings smaller and smaller benefit. Gross (BOND) is a major holder of MBS, which presumably would be the target of the next round of asset purchases.